NGOs issue statement condemning ECA debt write-off as aid

September 14, 2005 (Eurodad, Brussels) Some 57 non-governmental organizations world wide released today a statement challenging world leaders at the UN World Summit on their efforts to finance the Millennium Development Goals. The statement charges that “many governments are falsely inflating their aid figures by including risky commercial debt write-offs”. It urges leaders “to change the way they report aid statistics so that their citizens get a true picture”.